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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 876 - East Village
MLS Listing ID X12049521
Style 2-Storey
Annual Tax Amount $5,217
Tax Year 2025
Property Sub-Type Multiplex
Property Description
180 Fares St is prepped for development, with plans already in place for four 2-bedroom units and four 1-bedroom units. The building permits just awaits final fee payment for approval. Most of the framing is already completed as per new building permit drawings. The property sits in a high-potential neighborhood that is on the brink of major transformation. It's set to benefit from several major upcoming projects, including the future City Waterfront Centre, a year-round multi-use hub that will serve cruise ship guests and host community events. Just around the corner, Rankin is wrapping up construction on a 9-storey, 72-unit condo building. Plus, the Marina District is being reimagined with city plans to create 5 to 8 new urban blocks here, with commercial space on the ground floor, residential units above, and new walking paths, parks, and event spaces throughout. The location is unbeatable walking distance to downtown, grocery stores, restaurants, parks, the canal, and more. This is a prime investment opportunity in a rapidly evolving area. Property is being sold as is condition.
Location
State ON
County Niagara
Community 876 - East Village
Area Niagara
Rooms
Family Room No
Basement Development Potential
Kitchen 0
Interior
Interior Features None
Cooling None
Exterior
Garage Spaces 2.0
Pool None
Roof Type Shingles
Lot Frontage 36.0
Lot Depth 100.0
Total Parking Spaces 6
Building
Foundation Concrete
Others
Senior Community Yes
Listed by Toronto Real Estate Realty Plus Inc
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